URS completes acquisition of Scott Wilson Group

URS Corporation has completed its acquisition of Scott Wilson Group plc, a London-based infrastructure engineering and construction company. The addition of Scott Wilson expands URS' international presence by adding a network of 80 offices around the world, including offices in key regional centers such as London, Hong Kong, New Delhi, Warsaw and Dubai, and more than 5,500 employees.

In the U.K., the
combination of Scott Wilson with URS’ existing operations will create a
business with infrastructure expertise across a range of attractive long-term
markets, including rail and transit, roads and bridges, and ports and harbors. Current
major contracts include the U.K. Crossrail Project and Thames Tideway Tunnel in
the U.K. URS also is the lead partner in the Nuclear Management Partners
consortium, which is responsible for managing and operating decommissioning
activities at the Sellafield nuclear site in Cumbria in North West England.

With the completion of the
Scott Wilson transaction, URS also will add significant international projects
outside of the U.K., including the Delhi-Mumbai Industrial Corridor Development
in India, Haramain High Speed Rail in Saudi Arabia and MTR Shatin to Central
Link in Hong Kong.

"The acquisition of Scott
Wilson opens the door to numerous new opportunities for URS in major
international infrastructure markets," said Martin M. Koffel, chairman and CEO
of URS.  "URS now is among the top 10 U.K. engineering firms by revenue,
with capabilities in critical infrastructure markets, including transit, high
speed rail, roads and bridges, airports, and ports and harbors. We also have
expanded our capabilities in other key geographies outside of the U.K. and
Continental Europe, such as China and India, two of the fastest growing
economies in the world. With Scott Wilson’s technical depth and talented team
of professionals around the globe, URS is well positioned to support public and
private sector clients worldwide on their largest and most complex
infrastructure assignments."

Hugh Blackwood, former group
chief executive of Scott Wilson, has joined URS as a vice president of URS
Corporation and senior vice president, international operations. He will
oversee from London URS’ Infrastructure & Environment business for the
U.K./Ireland, Europe, Middle East, India and China.